Holcim selling business in Nigeria to Chinese cement group
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The Swiss cement manufacturer Holcim wants to sell its shares in the Nigeria-based Lafarge Africa PLC Group to the Chinese cement manufacturer Huaxin Cement. The sale price is one billion dollars on a 100 percent basis.
Swiss prosecutors accuse Trafigura of paying €5million in bribes to Angolan official
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Unsealed indictment alleges Trafigura's late founder, Claude Dauphin, masterminded a scheme to pay bribes to Angolan official.
Corporate efforts to expand access to medicine stumble
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Swiss firm Novartis tops the Access to Medicine Index for the first time. But the pharma industry still lags in making their medicine available to the poorest.
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Nestlé's new CEO Laurent Freixe, has presented plans for the future of the world's largest food company, after his first few weeks in office.
Azeri fossil-fuel cash cow brings controversy to Switzerland
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Socar, Azerbaijan’s state energy company, is a key source of public funding for the country. It also relies heavily on business in Switzerland, where it has not escaped scrutiny.
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The "Dubai chocolate" has also caused a rush in Switzerland: queues formed outside the Lindt chocolate factory in Kilchberg, canton Zurich, on Saturday morning.
Explosion at Swiss company Givaudan’s US plant leaves two dead
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Swiss flavour and fragrance maker Givaudan reported that an explosion at its Kentucky plant resulted in two deaths and several injuries.
Swisscom’s Vodafone Italia takeover cleared by Italian telecoms authority
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Swisscom is one step closer to its planned acquisition of Vodafone Italia, as the Italian communications regulator has approved the €8 billion deal.
